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The charges follow Sweett’s admission of guilt on 2nd December relating to two related construction contracts that it secured in Abu Dhabi in 2013.
In its statement the Serious Fraud Office (SFO) said: “Between 1 December 2012 and 1 December 2015 Sweett Group plc, being a relevant commercial organisation, failed to prevent the bribing of Khaled Al Badie by an associated person, namely Cyril Sweett International Ltd, their servants and agents, which said bribing was intended to obtain or retain business, and/or an advantage in the conduct of business, for Sweett Group PLC, namely securing and retaining a contract with Al Ain Ahlia Insurance Company for project management and cost consulting services in relation to the building of a hotel in Dubai, contrary to Section 7(1) of the Bribery Act 2010.”
Sweett chief executive Douglas McCormick said: "We welcome this development which brings closure on the Middle East legacy issues a step closer allowing the group to progress unencumbered in the future. This is an important next step in the strategic turnaround of the business."
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